Ravenswood Mayor Optimistic After Talks
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Updated: 10:42 AM Jan 11, 2009
Ravenswood Mayor Optimistic After Talks
WTAP News
No promises were made about keeping Century Aluminum in Ravenswood but the mayor is still optimistic after the talks Saturday.
Posted: 7:06 PM Jan 10, 2009
Reporter: Leslie Cebula
Email Address: leslie.cebula@wtap.com
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Posted by: Raven on Jan 11, 2009 at 08:28 PM

“Century has a significant economic impact on the West Virginia economy, accounting for a total of nearly 1,600 jobs – 667 directly with Century and 910 jobs with other West Virginia businesses – and nearly $580 million in business volume in 2007,” according to Randy Childs, research assistant professor in the WVU Bureau of Business and Economic Research and lead author of the report. Childs indicated that the operation of Century was also associated with $5.9 million in assorted state taxes, including personal income, consumer sales, use, corporate net income and business franchise taxes. curtailment of the operation would be particularly hard on the Jackson County economy where Century and Alcan are located. He also said American Electric Power’s West Virginia-based generation plants and the coal industry would also feel the impacts of reductions or closure since aluminum smelters use significant amounts of electricity
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